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CNBC
Nov 8, 2013 4:00pm EST
, blue hill, massachusetts. can you see blue hill from boston. you can imagine how big those storms. >> wow. paul, i mean, what kind of an impact might a storm like this have on the u.s.? >> well, as joe noted, the kind of energy and the kind of storms we're seeing now in the philippines has happened here in the u.s. when it happened in the past, we weren't quite as built up. if we had a storm like this that hit in miami, that was not even this big, the impact could from an insured loss perspective could be really, really high. some estimates it could be greater than $125 billion in insured losses. there's a lot of risk on the east coast still. >> and the risk is on the east coast. what are the expectations for the east coast, then, in the u.s.? >> well -- >> i'll tell you the east coast and gulf coast as well -- go ahead, joe. >> like the warm cycle like the 1950s, they're ramped up. this was a remarkable year in the atlantic. i've never soon a warm cycle of the atlantic with such low tropical activity. a lot of dry air that's put a cap on global activity. it spread you into the at
CNBC
Nov 6, 2013 4:00pm EST
markets, stone harbor new jersey orono, minnesota and weston massachusetts, round out the top ten most expensive housing markets. nationally speaking is u.s. housing affordable? two reports beg to different with each other. the realtors association says yes, housing is affordable nationally. but fitch ratings on the other hand says u.s. home values are overvalued by 17% and some markets are approaching bubble territory. maria? >> all right, diana thanks very much. stay right here. we want to bring in madison hill di brand an agent with caldwell banker who also stars in bravo's million dollar listing. good to see you. thanks for joining us. >> thanks for having me. >> madison 5 of the top 25 most expendsive markets are in california with malibu number one where your agency is focused. why is this so hot? >> i think that our california market and specifically speaking los angeles even more specific malibu really did suffer when the global economic crisis occurred. and our prices in some cases depreciated from 30% to 50% so knowing that they dropped that much, we became a very attractive
Search Results 0 to 1 of about 2